How to transfer Amazon gift card balance to bank account? Many people are on the internet searching for how to transfer Amazon gift card balance to bank account, and I’ll show you how to transfer the balance from an Amazon gift card to a bank account in 10 minutes.
Let me start with what a gift card is and why Amazon didn’t just convert it to cash for you. An Amazon Gift Card is simply a card that gives a gift, the name implies a gift card. So it must not have any value other than as a gift and must be used on Amazon because it is an Amazon gift card.
Therefore, Amazon only allows the gift card to be used on Amazon only and not for cash value, But today I’m going to teach you how to transfer Amazon gift card balance to bank account in less than 10 minutes of work.
Many people want to know this because many people have access to the Amazon gift cards, but we need to use it in bank accounts, not on Amazon
So this is a great opportunity for you to help other people as well.
How To Transfer Amazon Gift Card Balance To Bank Account – Method 1
We are going to use a popular payment channel called VENMO. Venmo is a simple channel used to send and receive money from family and friends
So how are we going to do this?
Transfer Amazon Gift Card Balance to Bank Account with Venmo
I’m going to break these steps down into 4 easy steps;
You need two Venmo accounts;
Probably your Venmo account and any Venmo accounts in your family
Venmo is free and easy to sign up as you can sign up one for yourself and one for your sibling if you don’t already have a Venmo account. Venmo.com
STEP ONE
What we’re going to do here is link our Amazon gift card to our Venmo has a payment method
Go to settings and add your Amazon gift card as a payment method or alternative payment method.
STEP TWO:
After successfully adding an Amazon Gift Card to the payment method in your Venmo account
Now add a bank account to the other Venmo account, maybe your sister or brother’s Venmo account.
It’s just the same process as shown above
STEP THREE:
Now let’s do the magic
You are now sending money to your sibling Venmo account from your Venmo account using the gift card included with the payment
And he or she will receive the money in their Venmo account
STEP FOUR:
Now finally ask your sibling to send the money to their linked bank account and the money will be transferred to you
Anyway, here’s the easy way to get an Amazon gift card in your bank account with ease in less than 10 minutes of work.
Summary: Transfer Amazon Gift Card Balance to Bank Account
- You only need two Venmo accounts
- Link the Amazon Gift Card to a
- Link your bank account to a
- Send Venmo fund with linked Amazon cards to each other
- So if you get money from the other account, transfer it to your bank
How To Transfer Amazon Gift Card Balance To Bank Account – Method 2
We know you can transfer money from a debit card to a bank account. But can you transfer your Amazon gift card balance to a bank account? Here’s how to transfer money to a bank account.
- Go to Amazon Pay.
- Tap Buyers and sign in with your Amazon credentials.
- Click on Withdraw money.
- Select a bank account.
- Enter the amount you want to transfer to your bank account.
- Tap Continue to complete the process.
As I mentioned earlier, there are several reasons why you might want to transfer your balance to a bank account. Either you want to save the money because you don’t have to use it now, or you want to make payments through the bank.
Conclusion
To transfer Amazon gift card balance to bank account is very easy, just follow any of the 2 how to transfer Amazon gift card balance to bank account methods mentioned in the guide above.
